China Huarong Asset Management Co Ltd
HKEX:2799

Watchlist Manager
China Huarong Asset Management Co Ltd Logo
China Huarong Asset Management Co Ltd
HKEX:2799
Watchlist
Price: 0.63 HKD Market Closed
Market Cap: 50.6B HKD
Have any thoughts about
China Huarong Asset Management Co Ltd?
Write Note

China Huarong Asset Management Co Ltd
Deferred Income Tax

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
|

China Huarong Asset Management Co Ltd
Deferred Income Tax Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Deferred Income Tax CAGR 3Y CAGR 5Y CAGR 10Y
China Huarong Asset Management Co Ltd
HKEX:2799
Deferred Income Tax
ÂĄ2B
CAGR 3-Years
61%
CAGR 5-Years
33%
CAGR 10-Years
N/A
A
Anxin Trust Co Ltd
SSE:600816
Deferred Income Tax
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Kunwu Jiuding Investment Holdings Co Ltd
SSE:600053
Deferred Income Tax
ÂĄ72.3m
CAGR 3-Years
14%
CAGR 5-Years
12%
CAGR 10-Years
N/A
Shaanxi International Trust Co Ltd
SZSE:000563
Deferred Income Tax
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
H
Hainan Haide Capital Management Co Ltd
SZSE:000567
Deferred Income Tax
ÂĄ28.5m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Yangzijiang Financial Holding Ltd
SGX:YF8
Deferred Income Tax
S$172.4m
CAGR 3-Years
49%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

China Huarong Asset Management Co Ltd
Glance View

Market Cap
50.6B HKD
Industry
Financial Services

China Huarong Asset Management Co., Ltd. has carved its niche in the financial sector as one of the leading Chinese distressed debt managers. Established in the wake of the Asian financial crisis in the late 1990s, its creation was a strategic move by the Chinese government to stabilize and reform the banking sector by offloading non-performing loans (NPLs) from beleaguered state-owned banks. Over time, China Huarong’s operations have expanded beyond its foundational task of managing NPLs, evolving into an intricate web of financial services. The firm's business model primarily revolves around purchasing distressed assets at a discount, restructuring them, and subsequently selling them at a profit. This core activity is supplemented by its forays into sectors such as financial leasing, investment, and securities, all of which fortify its income streams. Yet, navigating the complex landscape of distressed assets is not without its challenges. The path has not been smooth, and Huarong has confronted its share of hurdles, particularly as it has sought to diversify its business model. The firm's aggressive expansion into other financial territories, while potentially lucrative, also exposed it to heightened financial risks and governance issues. The market turbulence and regulatory scrutiny in recent years have tested its resilience, forcing it to recalibrate and refocus on its core strengths in asset management. Despite the pressures, China Huarong continues to play a critical role in China's financial ecosystem, endeavoring to balance growth with stability as it maneuvers through the intricate and evolving financial terrain.

Intrinsic Value
6.06 HKD
Undervaluation 90%
Intrinsic Value
Price

See Also

What is China Huarong Asset Management Co Ltd's Deferred Income Tax?
Deferred Income Tax
2B CNY

Based on the financial report for Jun 30, 2024, China Huarong Asset Management Co Ltd's Deferred Income Tax amounts to 2B CNY.

What is China Huarong Asset Management Co Ltd's Deferred Income Tax growth rate?
Deferred Income Tax CAGR 5Y
33%

Over the last year, the Deferred Income Tax growth was 98%. The average annual Deferred Income Tax growth rates for China Huarong Asset Management Co Ltd have been 61% over the past three years , 33% over the past five years .

Back to Top